If it plays out it'll most likely fall and test support at the $105-$100 area
Currently trying to grind through a supply zone, $BTC is trading in a channel. If it can keep this up I think we will at least go back to test the previous high made the other day. If we end up testing the top, and get rejected, I can see some big players coming in and liquidating the market. Scooping up all that sweet $BTC for themselves
This pattern will take us into the high 10k range
EOS is fighting to breakout out above the trend line, but this trend line is also the equilibrium of the channel EOS has been in since the 7th. If price breaks down then I expect a retrace back to ~$7.01. If price is able to break above the trend line and make it out of the supply zone, indicated by the grey box, I think price will rise to the top of the channel.
You can wait for to break above the immediate trend line and then look for a push to at least ~.50
I don't expect sideways movement for too much longer; either we break out and head up to the supply at 11.4k or we retrace some and consolidate there for awhile.
If it holds then EOS could use this as a spring board to climb back up to at least the previous high, and maybe to the top of the wedge pattern. Indicators are doing their thing and indicating a shift in momentum as well.
Looks like Walmart has finally broke out from under this trend line, but it needs to go back and bounce off it with some strength to confirm it as support.
Either the blue trend line is about to carry us up, or we respect the descending black trend line which would reslult in breaking the longer tf blue rend line. Longer time frames always hold more significance, obviously, and if it goes than I could see ETH dropping to the opposite trend line at $~260
Momentum indicators look to be shifting back up, held the support trend line nicely (so far), and if it goes for a retest of previous highs you could see some substantial gains. Stop loss could be somewhere around the blue line
In an obvious uptrend, BNB has been in a league of its own. Until it breaks to the downside I see no reason why this run won't continue. Weekly shows that price is overextended, and has been for some time, but until the correction starts then I'd keep assuming these continuation patterns continue to break to the upside...
Taking into account the massive run it's been on I can see buying exhasution starting factor in, plus the RSI and Stoch seem to indicate some downward momentum coming in, but you have to also keep in mind the halving coming up in about a month so I don't see it dropping too far. A retrace to test support @ $110 area would be an ideal sport to grab some and hold...
If this channel holds then we'll see some pretty substantial gains in the next month. Right now BTC is struggling to break through resistance; I wouldn't be surprised to see a 10% drop in the next candle or as a correction is due. Looking at the daily it's been nothing but green candles for 6 days now, and the 12 hour candle needs to go back and test support at...
Since the run up in May ETH has been grinding it's way through an order block that dates back to August of last year. The volume profile indicator on the right tells us that after this is the last bit of significant resistance before we break out towards $300. The 4hr tf is showing some consolidation, but we need to see some serious buying to get us above...
Traiding in an obvious uptrend, in a range between $8200 and $8325. There is obviously a lot of supply up there but this triangle pattern we're trading in gives me some reassurance that we'll see a breakout towards the .618, but if the rejection comes you have an obvious stop under $8200.
Higher highs / lower lows indcating an uptrend. Since April 4th its been grinding thru resistance resistance and after every rejection to break thru the resitance area, NEO has required less volume and time to absorb the supply dump. I'm thinking there's not much more supply up there and we might see a breakthrough soon. You also have to consider the on the...
If we can regress to the green box and bounce of it with some strength I think we will shoot right back up to $8200+
First it's being held down by a trend line it's been under since the 7th. But it also has some decent support right under it. On the 1 hour it has the cloud as support, but on the 4th it's currently resistance. If we can break out the wedge that will propel us into 4 hr could and hopefully the top of the wedge. But it could easily get rejected so if you enter...